Maine Standards for Financial Literacy

Maine
Standards for Financial Literacy

We compared our learning materials and the core financial literacy concepts that are covered in our Budget and Stock Games to the financial literacy standards for the state of Maine.

A list of the Maine Standards of Financial Literacy are below, along with a selection of activities from our games and library that align with each standard. Our Learning Library contains over 300 total lessons that can be customized for every class, so this may not include every lesson that may apply for each standard.

Course Outlines, Lesson Plans & Student Activities

Students will learn through playing the interactive online games, as well as completing the self-graded lessons that were designed to keep young learners engaged.

When you order PersonalFinanceLab® for your class, you’ll also get access to course outlines, lesson plans, student activities and grading rubrics that tie everything together.

Check out our course outlines, we’ll walk you through every step of the way!

Get to Know PersonalFinanceLab®

We’re here to help engage your students to learn how to manage their money responsibly. Learn more about each of the main features and see how we can help transform your class.

Personal Budgeting Game

A monthly budget game with real-life scenarios and consequences.

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Stock Market Game

Build your students confidence in the financial markets as they learn how to invest their money wisely.

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Embedded Lessons

Self-graded lessons aligned to National and Jump$tart Standards.

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We’re Here to Help!

Discover how the fully customizable platform can be tailored to fit the needs of your class by talking to a member of our team. Our curriculum specialists can guide you on how to integrate our lessons and games into your existing curriculum.

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Maine Financial Literacy Standards Alignment

Find out which of our lessons or games reinforce the individual
knowledge statements from the Maine Standards of Financial Literacy.

Legend:

Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment

Standard Activity Long-Term Game Comprehensive Chapter Short Lesson Interactive Calculator Graded Assessment
Grade 3
Students understand the nature of personal finance as well as key foundational ideas by describing situations in which personal choices are related to the use of money. Budget Game – Core Component
Grade 4 Activity Long-Term Game Comprehensive Chapter Short Lesson Interactive Calculator Graded Assessment
Students understand the principles and process of personal finance by describing situations in which financial institutions can be used to manage money. Budget Game – Core Component
Lesson – Banks, Credit Unions, and Savings and Loans
Grade 5 Activity Long-Term Game Comprehensive Chapter Short Lesson Interactive Calculator Graded Assessment
Students understand the principles and process of personal finance by describing situations in which choices are related to the use of financial resources and financial institutions. Budget Game – Core Component
Stock Game – Core Component
Lesson – Researching Spending
Grades 6-8 Activity Long-Term Game Comprehensive Chapter Short Lesson Interactive Calculator Graded Assessment
Explaining how scarcity influences choices and relates to the market economy. Lesson – Why is there Scarcity?
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Lesson – Supply and Demand Examples in the Stock Market
Identifying factors that contribute to spending and savings decisions. Budget Game – Core Component
Lesson – Budgeting
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Activity – Use the Net Worth Calculator
Using a process for making spending and savings decisions based on work, wages, income, expenses, and budgets as they relate to the study of individual financial choices. Budget Game – Core Component
Lesson – Income and Compensation
Lesson – Pay Yourself First
Lesson – Career Development
Lesson – Preparing for Retirement
Activity – Use the Saving to be a Millionaire Calculator
Grades 9-12 Activity Long-Term Game Comprehensive Chapter Short Lesson Interactive Calculator Graded Assessment
Explaining how personal finance involves the use of economics as the basis for saving, investing and managing money. Budget Game – Core Component
Stock Game – Core Component
Investing101 Certification Course
Lesson – Understanding Price Movements
Lesson – Investing Strategies
Lesson – Building a Diversified Portfolio
Lesson – The Importance of Interest Rates
Lesson – The Business Cycle
Identifying factors that impact consumer credit. Budget Game – Core Component
Lesson – Using Credit
Lesson – Credit Reports
Lesson – Good Debt, Bad Debt
Activity – Use the Credit Card Payments Calculator
Evaluating ways credit can be used. Budget Game – Core Component
Stock Game – Core Component
Lesson – Short-Term Financing
Lesson – Mortgages
Lesson – Buying a Car
Lesson – Work vs Study
Activity – Use the Car Loans Calculator
Activity – Use the Buy vs Lease Calculator
Evaluating different strategies for money and risk management. Budget Game – Core Component
Stock Game – Core Component
Lesson – Risk
Lesson – What is money?
Lesson – Building Wealth
Lesson – Planning Long-Term Purchases
Lesson – Life Insurance
Lesson – Health Insurance

Information Request

If you would like to learn more about PersonalFinanceLab, schedule a personalized demo, or get a Test Drive account to preview our games and lessons for yourself, please fill out the form below.